Disciplined Capital. Diversified Structures.
New Harbor Investment Management deploys capital through the CDMX family of funds – three distinct credit vehicles designed for different durations, risk profiles, and deployment strategies. Each fund is managed by New Harbor as General Partner and operates under the same foundational principles: real estate backed security, rigorous underwriting, and exclusive focus on Mexico’s most resilient real estate markets.
Founded in 2020 with operational roots in Mexico dating to 2007, New Harbor bridges the gap between global private capital and Mexico’s most active developers. We provide the flexible, institutional-grade financing that local banks can’t.
Every Deployment. Every Time.
Regardless of fund vehicle or deal size, every investment is protected by the same multi-layered framework:
Guarantee Trust (Fideicomiso de Garantia)
First and second position on the underlying real estate asset, held in trust for investor protection.
First or Second Position Mortgage
Direct collateral against the development asset at origination.
Comprehensive Developer Guarantee
Personal and corporate guarantees from the developer, reinforcing loan repayment at every stage.
*No deployment occurs without full collateral in place.
CDMX I
Launched 2021 · Mexico City
- StructureParticipating debt
- FocusVertical construction
- StageRealized exits
CDMX II
Launched 2022 · $80M revolving facility
- Loan SizeUp to $25M
- MarketsCDMX · GDL · Cabos · Cancun
- Security1st & 2nd position
GapFin
CDMX III · Launched 2025
- Loan SizeUp to $50M
- Term7–14 days
- 2025 Return60%
CDMX I
CDMX I established the operational blueprint for New Harbor's institutional credit platform in Mexico. Launched in early 2021, the fund targeted the vertical construction phase of middle-market and luxury residential developments in Mexico City, providing participating debt to proven developers operating in a market structurally underserved by local commercial banks.
CDMX I demonstrated the viability of institutional-grade private credit in Mexico's primary real estate markets, generating consistent realized exits and the developer relationships that underpin the firm's current portfolio. The fund's performance and underwriting discipline set the foundation for the launch of CDMX II and the broader expansion of New Harbor's lending platform.
CDMX II
Established in October 2022, CDMX II is New Harbor's flagship credit vehicle and the firm's primary deployment platform. The fund provides first and second position secured debt for residential and mixed-use developments across Mexico's highest-growth urban and coastal markets.
CDMX II targets loans up to $25M per project, secured by first or second position mortgages, a guarantee trust structure, and comprehensive developer guarantees. The fund focuses exclusively on vertical construction and shovel-ready development phases, ensuring capital is deployed against assets with proven absorption rates and active construction timelines.
Currently operating on an $80M revolving credit facility, CDMX II is actively expanding its footprint. New Harbor is seeking strategic partners to grow existing capacity or participate in the launch of new, segregated Special Purpose Vehicles.
GapFin (CDMX III)
Established in February 2025, GapFin (CDMX III) is a specialized Special Purpose Vehicle designed to address a structural gap in Mexico's loan refinance market: the interval between a developer's need for immediate liquidity and the closing of a committed institutional takeout loan.
GapFin operates on a revolving credit facility built for high-turnover deployment. Capital is called only when a takeout lender has committed. The typical loan reaches maturity within 7 to 14 days, at which point principal, interest, and fees are returned in full.
This ultra-short duration model delivered a 60% return to capital providers during GapFin's inaugural year of operations in 2025. Individual loan sizes go up to $50M, and GapFin actively collaborates with several of Mexico's largest financial institutions to optimize their loan portfolios.
